Carlos Osorio / AP
Cars are seen on an assembly line of Chrysler in Sterling Heights, Michigan.
The Union United Auto workers (UAW) and Chrysler have a preliminary four-year work contract offer, reached the automaker said on Wednesday.
The deal follows agreements between the UAW and Chrysler Detroit rivals General Motors and Ford. The UAW deal is Chrysler bailout for the first time since its bankruptcy and Government in 2009. It includes 26,000 production workers.
The agreement is subject to UAW member ratification. The GM Treaty was ratified at the end of its workers last month and workers are in the process of which vote Ford, ends Oct. 18.
UAW President Bob King said in a press statement, that the Chrysler Pact created 2,100 jobs in the United States and also will be $4.5 billion in investments to upgraded vehicles with new models and components by 2015.
"Less than three years, Chrysler was moving on the verge of bankruptcy as our nation in the worst economic crisis since the great depression, was thrown", King said. "This provisional agreement builds on the dynamics of job creation and our efforts rebuild America by adding communities, the economic turmoil in the wake of the country left at the end of the agreement in the year 2015 reduce 2,100 new jobs."
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